Field Description - Direct Deposit Transaction Code

The Direct Deposit Transaction Code classifies the type of transaction for a direct deposit.  You can assign one of the transaction codes listed in the table below to an employee during Employee Master Maintenance in the Direct Deposit Information Area and the Employee Master Scheduled Deductions Area.

 

Direct Deposit Transaction Codes

00 - Not Direct Deposit

Note:  If the Bank Number is 00 - Not Direct Deposit, the Transaction Code automatically becomes 00 - Not Direct Deposit and is locked from input.

Prenote Codes

Send Codes

23 - Deposit to Checking

22 - Deposit to Checking

28 - Charge to Checking

27 - Charge to Checking

33 - Deposit to Savings

32 - Deposit to Savings

38 - Charge to Savings

37 - Charge to Savings

Notes:

  • A Prenote Code is similar to a Send Code, but there is no actual direct deposit transaction during the testing period.

  • The Prenote Date controls the testing period for setting up or changing direct deposit conditions for an employee.

  • The PRE-NOTE table directs the action for each Prenote Direct Deposit Transaction Code.

  • The Update Prenote Codes process automatically changes Prenote Codes to the associated Send Codes when the Prenote Date is reached.

Note:  A Send Code is the deposit or charge code for a direct deposit.

Tip:  For more information, refer to the topic, Advanced Feature - Setting Up Direct Deposit.

Where-Used:  Employee Master Maintenance - Direct Deposit Information Area, Employee Master Maintenance - Employee Master Scheduled Deductions Area, Employee Master Scheduled Deductions Maintenance, Check Register - Bank Deposit Report, Employee Master List, Update Prenote Codes

Where-Maintained:  Pre-Note Table Maintenance (PRE-NOTE), Direct Deposit Batch Trailer Record Maintenance

Format:  2.0 numeric (predefined)